AgdaPkt 2015-03-23 Closed and Joint SA PFA

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9.A. - Page 4 increase. The City does not currently have an affordable housing impact fee, but is participating in a County-wide housing impact fee study. The housing impact fee could apply to both residential and non-residential development based on analysis of development impacts on affordable housing demand. The City also does not have an arts fee, however, this was a fee that was mentioned repeatedly during community outreach. Finally, a Transportation Demand Management (TDM) Ordinance is also noted below. While not a fee, it would be an additional requirement placed on developments that would help to offset transportation impacts. It would also formalize similar TDM requirements that have recently been placed on developments. The Council could consider taking the following fee program steps: Fees/Ordinances Steps and Timeline 1. Affordable Housing Completion of Countywide Nexus Study in Summer 2015. Impact Fee Additional public meetings and consideration through early 2016. 2. Park Impact Fee Initiate an updated Nexus Study to consider potential increases to the park impact fee or expansion of the fee to commercial development in fall of 2015. This would be reviewed by the Parks and Recreation Commission. 3. Transportation Adopt the revised 2012 Transportation Impact Fee Nexus Study by Impact Fee the end of 2015. 4. School Impact Fee Contact the Redwood City Elementary School District and Sequoia Union High School District to discuss the results of this study, anticipated development, and partnerships to promote quality schools. 5. Percent for Art The City could evaluate a Percent for Art development requirement. This could require certain types of development to pay towards a public art program, which could fund permanent art installations, programs, or other types of community art. 6. Transportation TDM standards require developers to implement trip reduction Demand measures, such as paying for transit passes, bicycle storage and Management facilities, showers and rideshare programs. These standards could (TDM)Ordinance become requirements of development and adopted as an ordinance. 2.Precise Plans with incentives for "Onsite Community Improvements": Much of the City's existing and future development is expected in concentrated areas near Downtown, El Camino Real or East of the 101. These areas have area-specific plans or zoning requirements that govern development, including any additional community benefits that are needed in those areas. The Downtown Precise Plan is nearing the completion of the first phase, and after community outreach, a second phase is expected to be considered in the coming years. The City is also in the process of creating an Inner Harbor Specific Plan and will soon be initiating an El Camino Corridor Plan.